India Consults on New Measures to Curb Misselling

22/09/2015

India’s government and various regulators are consulting the public on newly proposed recommendations by a high-level government committee to curb misselling of financial products.

ASIC Sees Opportunities with Blockchain Technology

21/09/2015

Australian Securities and Investment Commission chairman Greg Medcraft says the emergence of blockchain technology has the potential to change the existing financial system.

Japan FSA Urges Banks to Enhance Crisis Readiness

21/09/2015

New guidelines call on banks to assess the impact of potential financial crises and to build up capital for such events.

Singapore Regulator Seeks to Enhance Supervisory Powers and Strengthen Business Conduct

21/09/2015

MAS proposes legislative amendments to enhance its supervisory powers and strengthen business conduct of regulated entities.

Regulators Taking Closer Look at Supervising Technology, says HSBC

21/09/2015

Regulators have been looking more closely at whether technology companies providing financial services should be supervised more heavily like banks, says HSBC chairman.

HKEx Announces CCASS Service Enhancements

21/09/2015

HKEx has announced the introduction of further CCASS service enhancements relating to Shanghai-Hong Kong Stock Connect in two stages, subject to SFC approval.

S. Korea Regulator to Task Overhaul of Debt-Laden Companies

21/09/2015

South Korea’s Financial Services Commission will charge a leading bad asset management firm to overhaul debt-laden companies in an effort to speed up the country’s corporate restructuring program.

Securities / Derivatives

Malaysia Receives FATF Praise for AML/CTF Efforts

21/09/2015

The Financial Action Task Force has issued a report praising Malaysia’s legal framework for anti-money laundering and counter-terrorist financing standards.

India Relaxes Equity Investment Norms for Banks

20/09/2015

Lenders will no longer need prior approval to make equity investments if they have a capital risk-weighted asset ratio exceeding 10 percent and have made a profit in the previous financial year.